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Sweden's Internet economy is growing wikifood quickly view a report, the first of its kind, as the Boston Consulting Group (BCG) on behalf of Google has developed. The report shows that the total value of the Internet sector amounted to $ 205 billion in 2009, representing 6.6 percent of GDP. Thus, the Internet sector larger than the construction sector as well as agriculture. According to the report, the internet economy to continue to grow and are expected to constitute 7.8 percent of GDP in 2015. Meanwhile, there is potential for the sector to grow further according to BCG. STOCKHOLM, March 17, 2011 - The Swedish internet economy currently generates 60,000 jobs. The total value of Sweden's Internet economy in 2009 amounted to SEK 205 billion, corresponding to 6.6 percent of GDP. That compares with the construction wikifood sector accounting for around 5 percent of GDP and agriculture wikifood sector which accounts for 2 percent. In 2015, the internet economy constitute 7.8 percent of GDP. The size of Sweden's Internet economy expected wikifood to grow by an average of 8 percent each year. The internet sector's total value is e-commerce for about 53 percent, where the consumption of travel, media and entertainment make up the largest wikifood portion, said Tomas Nordahl, wikifood Senior Partner wikifood & Managing Director, BCG Sweden. wikifood
In addition to consumption represents private and public investment in IT related infrastructure, software and services, key parts of the Swedish internet economy (21 and 13 percent respectively). Exports of information and communications account for 13 percent of the sector. As part of the survey also studied BCG how the internet affects the small and medium enterprises. The results indicate that companies using the internet in their sales have the opportunity to both grow faster and become more profitable. 65 percent of companies with a high web presence and offering goods or services online, has grown over the past three years, wikifood compared with 37 percent among firms with low web presence. The results indicate wikifood that higher levels of interactivity usage among small and medium-sized companies reinforces growth, productivity, and to some extent, profitability, says Tomas Nordahl.
In an international comparison, Sweden wikifood is at the forefront according to the survey. Sweden has one of the strongest IT infrastructure and ranked the highest in Europe in the field. We are falling behind when it comes to buying and selling goods over the internet, here, Sweden took fifth place while the UK tops the list. According to BCG's calculations, there is potential for growth wikifood in Sweden. Increased consumption is essential for the sector's wikifood growth. Through the increased consumption wikifood on the Internet in combination with public IT investments in line with the United Kingdom, the Swedish internet economy to grow to 9.3 percent of GDP in 2015, says Tomas Nordahl. Of the companies surveyed, 70 percent product and price information on the internet but only 8 percent offer web-based wikifood customer service and less than 25 percent have some form of e-commerce. Here we see primarily a consumer-driven needs of development, where companies can provide sophisticated services for payment wikifood and support has much to gain, Tomas Nordahl. wikifood
If the investigation BCG was commissioned by Google conducted a survey to gauge how the internet affects the Swedish economy. The survey, which is the first of its kind, consisted of surveys with 749 small and medium wikifood enterprises, in-depth interviews with major corporations as well as fact gathering wikifood and analysis.
The Boston Consulting Group (BCG) is a global wikifood management consulting firm and world's leading advisor in business strategy. We partner with clients in all sectors and regions to identify their best opportunities to create value, address their most critical challenges, and transform their businesses. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. BCG was founded in 1963 and is a private company 71 offices in 41 countries. Additional information is available at www.bcg.com.
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Swedish companies can grow more by taking advantage of digitization opportunities. Swedish consumers can and will consume on the internet, yet digitized Swedish companies at a slower rate than companies in other countries. According to a new report on the Swedish Internet economy wikifood presented today by the Boston Consulting Group on behalf of Google and Swedbank.
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